Notcoin Price Prediction as NOT Nears All-Time High – $1 Breakout Incoming?
Today, the Notcoin price has experienced growth amidst a broader market retracement, with the potential to rally as it draws near to breaking its all-time high.
The Notcoin price has experienced a 4.47%% increase over the past 24 hours, bringing its price up to $0.017223, amidst a broader retracement in the crypto market.
In a pullback, Notcoin has posted a weekly loss of 21.66%, following the trend of major cryptos like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), which have also retraced.
However, the coin’s 24-hour trading volume has surged 61.23% to $1.25B over the past 24 hours, suggesting a resurgence in interest.
Notcoin uptrend seems to have been revived after a change in momentum over the past 48 hours.
Most notably, Notcoin’s relative strength index (purple) has dipped from 80 to 30 over the past 24 hours. This suggests that the upward momentum has weakened, hinting towards consolidation.
This is reinforced by Notcoin’s recent failure to rebound from the $0.017688 support level (red). This indicates that the buying pressure is not strong enough to sustain prices above that level.
To see further upside and potentially break its all-time high on the road to $1, NOT will need more significant momentum.
Despite current negative indicators, the 30-day moving average (yellow) is trending upward and approaching the 200-day moving average (blue). This suggests that short-term momentum remains positive.
If the 30-day moving average decisively crosses above the 200-day moving average, it could signal that the short-term momentum is strong enough to potentially influence a long-term uptrend.
While technical indicators suggest positive short-term price movements, sustainable long-term growth will likely hinge
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